12111 S Figueroa Street

Los Angeles, CA 90061

$1,995,000

List Price

23

bed Beds

12

shower Baths

9,766 sqft

straighten / sqft

1960

calendar_month Built

Property Description

James Allan Properties is proud to present a 12 Unit Building in close proximity to the 110 Fwy and 105 Fwy Consisting of 11: 2BD l 1BA units and 1: 1BD l 1 BA unit, excellently maintained with great upside potential. Newer Roof, updated plumbing, and sewer line, newer Landscaping, Stucco and several units completely remodeled. Extra storage/previous rental unit with potential to convert to ADU. Secured ample parking. Currently operated at 4.4 cap with upside pro forma of 11 cap rate at market rents. 9766 sq ft Building space and 11,326 Sq ft lot size .Subject to LA rent control. Email for OM.

Listing Information

List Price $1,995,000
Status Active
MLS 25493983
Type Residential Income
Year Built 1960
Lot Size 10,355
Structure Size 9,766
DOM 2
Courtesy Of Compass
Listing Agent James Allan DRE#01180635

Interior Features

Total Bedroom
Bedrooms 23
Total Bathroom
Bathrooms 12
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: James Allan, Compass 310-704-0007. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 7th, 2025 at 10:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.